New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A and B initially started a business by investing Rs.

    1600 and Rs. 2100, respectively. After 6 months, C joined the business with an investment of Rs. 2400. If the total profit after one year was Rs. 7840, what will be C's share of the profit?
    A Rs. 1540 Correct Answer Incorrect Answer
    B Rs. 2060 Correct Answer Incorrect Answer
    C Rs. 1860 Correct Answer Incorrect Answer
    D Rs. 1720 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of A, B, and C = 1600 × 12 : 2100 × 12 : 2400 × 6 = 16 : 21 : 12 Profit share of C = (12/49) × 7840 = Rs. 1920

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